Chips stocks lead technology sector higher

SAN FRANCISCO (MarketWatch) - Technology stocks advanced into positive territory Wednesday morning as the broader market which edged up after the opening bell. The Nasdaq Composite Index
$compq
was up about 0.5% and the Morgan Stanley High Tech 35 Index
MSH, -0.02%
was ahead roughly 0.7%. The Philadelphia Semiconductor Index
SOX, -0.50%
was off to a strong start jumping 1.8% in the opening minutes of trading, with giants Texas Instruments Inc.
TXN, -0.38%
and Advanced Micro Devices Inc.
AMD, -0.53%
rising more than 2%. The Dow Jones Industrial Average
DJIA, +0.34%
was up about 5 points.

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